Tech CEOs Play Fiddle While Rome Burns

"Data security and breach prevention ranks low as a risk factor for most big technical companies, according to new research that identifies the most widespread concerns among the 100 largest U.S. public technology companies. The research, released by BDO, a professional services firm, examines the risk factors listed in the fiscal year 2009 10-K SEC filings of the companies; the factors were analyzed and ranked in order by frequency cited.

"Among security risks, natural disasters, wars, conflicts and terrorist attacks were cited by 55 percent of respondents as a risk concern and was 16th on the list, much higher than breaches of technology security, privacy and theft, which was mentioned by 44 percent of the companies, putting it at 23rd on the list..."

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